Now price is rejecting from the OB, And RSI shows bearish divergence.
If price rejects from the supply zone we can expect drop and RSI shows bearish divergence.
If price rejects from the resistance level, Then we can watch the below demand zone
The breakout will decide the direction. We can go bullish or bearish, depends on bitcoin! Waiting for key zone
The breakout of the trendline will decide the direction, And RSI is in 50 region and it also a resistance level.
We can expect a rejection from the resistance zone and the above FVG.
The breakout of the triangle will decide the direction, RSI is also in the overbought region.
If price rejects from the bearish OB, Then we can watch the below OB
If the price goes up, then price can up to above FVG, If the price goes down, then price can reach below FVG
We can expect a rejection from the above resistance levels, RSI is also in the overbought region.
If the price breaks the neckline (support trendlines) of head and shoulder pattern, then price can dump.
We can expect a rejection from the resistance zone and the above FVG, RSI also can down more, So price can also down with that
If the price breaks the support zone, then the price can dump further and we can expect a rejection from the above FVG
We can expect bounce from here If the line is not successfully broken! If the line is successfully broken, we can go further down
Price breaks the trendline, price can be dumped more
The breakout of the triangle will decide the direction.
If the price breaks the trendline, then price can be dumped